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20121230
20121230
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Search Results 0 to 24 of about 25 (some duplicates have been removed)
edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second deals. gerri: okay, let's get tyler in here too, are republican strategist. is there any common ground can be found here? i mean, this seems to me like a last-ditch effort. let me tell you what it when it was announced today that there was going to be a meeting at 3:00 o'clock from expectations went through the roof. i think people thought something really big was going to happen at the end of the day. e president s saying that he is modestly optimistic. maybe you would be something by december 31. what do you make of it? >> he is modestly optimistic about no new changes here. youknow, the country needs a leader. no matter what party you are from, that is what we need. that's what we need in the president of the united states, and we we have a president that gets a bunch of people together and says let's talk about the problem. instead, he just shovels the problem over to harry reid and said, figure
the full impact of the fiscal cliff. it will allow congress to again take another crack at finding some way to deal with spending cuts and tax reform. gerri: stay with us, ricedson. thank you so much for that report. turning now to our guests. it's up to harry reid and mitch mcconnell, the two leaders in the senate. tryi to craft something. how likely is it that there would be a bill that passed the senate and house? after all, that is the problem we have had a long. >> well, first, we have not seen any details of this package. we are talking completely off-the-cuff, but we know will not be at 250. i think carrie reed has problems from new york like dianne feinstein of california, and 250 will be a big pill to swallow. this is a fcal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if you will have these taxes on $250,000 and above. as rich edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second deals. gerri: okay, let's get
, but why can he not go back to work? >> i cannot swer that. lemesk you another question -- do members of congress read polls? it is a serious question. approvalago, congress' rating was 18%, an improvement over august where it was 10%. if this good deal -- the fiscal could deal -- the fiscal cliff deal. you think during their well- earned christmas break, both sides would find a way to come together and do something. >> this is n the fault of congress. congress is behaving like congress. this is the president's fault here the president needs to go to the country and explain why they need to get this done. he has never done this. >> i have heard him talk about it over and over incessantly about why we have to avoid the fiscal clip. it is the fault of congress. they created this fiscal cliff. they did it. no one else imposed this on them. >> the president has never gone to the natioand made a sio speech about debt. he ignored it the first two years. he appoints a commission that he studiously ignores for the next two years. that is why we are at the clip now. he is not serious about the
, could double. another bill languishing in congress is the emergency funding for states ravaged by superstorm sandy. the senate passed 60.4 billion in aid yesterday, but the house has yet to act. nine weeks after sandy hit, the need for help is immense. >> this is my house, this was my dream, you know, this was the american dream. >> reporter: when hurricanes or floods threaten pedro's house in the past, somehow it always survived. but as sandy belted sta ten island two months ago, correa knew right away this storm was different. >> i looked out the window and seen my car, it was moving. i said wow the win must be really ripping, and i looked closer and it was floating. >> reporter: he had already vaked his wife and two children. he and his brother were trying to save the house. sandy gave them no chance. >> out of the corner of my eye i see my neighbor's house floating, and it crashed into mine and knocked it off the foundation. >> reporter: they turned the dining room table into a raft to escape the house. when it broke they jumped to another house floating by and landed in a
of the 2013, and the u.s. will enter another recession, and yet congress can't get anything done >> there is a little bit of a cushion there. the i.r.s. didn't expect that we would get to this point. they thought congress would work something out, so it's not as if people's paychecks are going to see higher withholdings on january 1. it's going to take a few weeks for that to kick in. so if congress doesn't work out a deal by the deadline but can figure out something shortly thereafter, there is a chance that people won't see an increase. >> o'donnell: major garrett and nancy cordes, thank you so much. and we will be right back. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the
week. >> our american family is about to go over the dairy cliff . congress must have a farm bill by the end of the year. an old law would kick in to force the government to buy milk at another price. how painful will it get for us in the grocery store? >> it tells us how insane. the sound of the cows tell you what will hpen. this is based on marketing act. it is a consequence . we have a bureaucracy that is based on this . the federal government an act in 1942. the supreme court in which a guy growing gra on his own farm can feed himself and his own cattle was told b the supreme court he could not do this because it is it in violation . act it is it about milk and 1949 and the federal government is going to go and make a mark a make a fair market o this . we'll buy it at eight dollars a gallon. >> and it is johnathon. that milk your drinking is about to do you believedouble in price. >> forget the cookies. >> that's the problem and the farm bill is the problem. government should center zero role in milk agriculture production. it is it so long las that interventi is the probl and
kick back in. of course, the final word is with us here in congress. any decision can be overridden by a joint resolution. every provision of the act is familiar to the senate -- in fact, at one time or another nearly every feature of this plan has been offered by both republicans and democrats, including president obama and speaker boehner. all i have done is pooled them together -- a compassionate alternative to what happens if we go over the fiscal cliff. true, from the very beginning i have favored a comprehensive solution to put our fiscal house in order. something along the lines of wles-simpson planned. perhaps this will not only soften the blow, but also give us a sense of urgency about a grand bargain to repair our fragile house. i'm not so naive as to believe everybody will check their politics at the door. even at this late hour. but this is not a time for politicking, bickering, or partisan games. to allow the country to plunge over the fiscal cliff without any alternative plans to solve -- soft and the landing is completely unacceptable. i cannot think of anything more
that members of congress will be agreeing to incur another trillion in debt. all it does is allow us to borrow from the decisions that have already been made by past congresses. when they do a tax cut or spending increase that is destined to increase the chance that we will borrow more. it is not a break or a statement on past or future policy, it is something that allows the economy to move and that is a problem. it is unusual that a country such as ours needs a device where ultimately congress is allowed. guest: if there is one change that i could make in the process, it is that when you vote for a tax cut or spending increase, you also have to vote to increase the amount of the government borrows to finance that. that is immediate. without admitting that you increased the debt at the same time. host: gene, good morning. caller: i wish that c-span or someone would give us a public list of the names of the congressman who will not help the american people. it is easy to be afraid of grover norquist and the tea party, but they should be afraid of the voters. they do not need a pay raise. they'
, then the sequestration across-the-board cuts kick back n of course the final word rests right here with us in congress. o.m.b.'s decision with be overridden by a joint resolution. every provision of the calm act o the senate. in fact, at one time or another, nearly every feature of this plan has been offered by both republicans and democrats, including president obama and speaker boehner. all i've done is pull them together to offer them has a compassionate alternative to what happens if we go over the fiscal cliff. true, from the very beginning i have favored a comprehensive solution to put our fiscal house in orderings something along the lines of the simpson-bowles. we don't have that luxury right now. but perhaps it will only soften the blow of the fiscal cliff but also give us a sense of urgency about a grand bargain to repair our financial house. i am not so naive as to believe everybody is going to check their politics at the door, even at this late hour, but this is not a time for politicking, bickering or partisan games. to allow the country to plunge over the fiscal cliff without any alternativ
. another story from "the washington post" -- you can read the full story on the unproductive 112th congress in today's washington post. it's good to jump from antenna on the republican line. caller: good morning, america. balancedalking about budgets and all these different things that we should be doing to help the country. i believe that the pier problem is the federal reserve. any country that has had a central bank and up failing and collapsing. we are no different than any other country. the loan us money and interest and we cannot pay it back. we have been doing that since around world war room one. host: regardless of what happens in 48 hours in the negotiations, you do not think we are dealing with the real issue? caller: yes, sir. we have to go back to american banks, not a central bank. until we do that, we will end up and voting on ourselves. it would be better to do it now and then to keep doing it and siphoning the american people's money and having the collapse. much like new zealand -- they had the same problem. they put all the bankers in jail and the corrupt politicians, an
in a letter to congress, though, he did say he expects to take what he called extraordinary measures to extend the government's borrowing ability for another two months or so. and even your cup of coffee, once a deal on the fiscal cliff. baristas at the 120 starbucks in washington, d.c. were encouraged by management to add a shot of bipartisanship to their drink orders and remind customers in our nation's capital to come together. >> wall street is typically quiet her this time of year, of course, this last week of 2012 was marked by investor concerns over congress' new year's eve plans and that looming fiscal cliff. so what impact does it have on your money? alison deans is with us, senior adviser at varick asset management. nice to see you. happy new year. do you have two plans for 2012, one that includes the fiscal cliff and one that doesn't? how do you prepare for the new year as an investor? >> pretty much. i mean, the outcome, if there is some type of healthy resolution to the fiscal cliff, even if they defer it for a week or two but come up with some healthy resolution, i think it bodes
that to quote another song, which is "what are you going to be doing new year's eve," i think that we'll be finding that these people are still hard at it and maybe calling congress into session tomorrow night which is a really rotten way to end the year. >> jared, explain for our viewers what it really means to go over the cliff. >> well, first of all, as a former jazz bassist i have to appreciate the citing of "so what" because that's a bass feature. look, i've got to say. going over the cliff at this point i think is better than accepting a bad deal, and i don't think that we should operate from the perspective that going over the cliff temporarily must be avoided at all costs because a short trip over the cliff, what you might think of as a bungee jump, is a lot better in the longer term both for the economy and for deficit reduction than crafting a deal at the very last minute that would be just some kind of an ugly frankenstein. now, the -- the worst part about going over the cliff is that a couple of million people actually lose their unemployment benefits, so i don't want to s
's goddard institute of space studies. another look at religion and politics. tomorrow, we are joined by the indiana rep. he will talk about the 113th congress in his priorities. join us sunday at 10:00 eastern and again at 6:00 p.m. eastern. >> as president obama begins his second term, what is the most important issue? >> if you are in grades 6 through 12, make a video about your message to the president. is your chance to win $5,000. the deadline is january 18. for more information go to studentcam.org. >> next a discussion on climate science, politics, and global warming. from the commonwealth club of california, this is about one hour. [applause] >> thank you for coming. we are delighted to be here. welcome. seven years ago, there was a consensus in washington that the earth's atmosphere could be altered. it is a different story. over the next hour, we will discuss opinion, with james hansen and our live audience here at the in san francisco. today, dr. hansen is receiving the 2012 stephen schneider award for outstanding climate science climate one. stephen schneider was a who wa
of higher taxes as part of the january 1st fiscal cliff deadline may see another hit to their wallets, thanks to what is being called the dairy cliff. milk prices could double to a whopping $8 a gallon. if congress doesn't pass an extension to the u.s. farm bill and everything from your favorite treats at the grocery store to the nation's dairy farmers can be affected. our affiliate in nashville spoke to one farm about this. >> i'm 54 years old and i'm one of the youngest dairy farmers in the state. everything has to be washed, sterilized. >> reporter: to understand that -- >> get up, come on. >> reporter: you must first understand this. >> i was born into it and grew up doing it. >> reporter: his grandfather once owned cumberland meadows daro. >> we are farmers and this is our family farm. >> reporter: bob is out here at 4:00 a.m. and 4:00 p.m. each day. >> they like the radio. that's why it's on. >> reporter: he works harder in a 12-hour span than most of us work in a lifetime. so, you can imagine why he thinks it's utterly ridiculous that congress can't work together to help him ou
that which hits consumers so hard. they'll notice that immediately is likely to be something that congress does do something about. my guess is they will just extend the farm bill for another year, which will in some ways hurt farmers, but in other ways it gets the job done in the whole of it and gets an agriculture bill at least for another year while they work out whatever their problems were this year. they had pretty much knew for a year that this agriculture -- the farm bill was going to expire. they haven't gotten around to it. >> exactly. when something that everybody can relate to, higher milk prices, why wait until the last-minute? we ask that about everything. >> exactly. it's just how they work. this has real consequences. if you walk into the grocery store in two weeks and find milk prices have doubled, congress will hear about it. that's why i think they'll do something in a flurry of activity. there are just some things that hit that are not going to sit well with americans, and i think they will do something to get it done for a year, just an extension. >> the big focus is o
, that's a real partisan agenda on the part of either the president or democrats in congress. i think people will say that makes sense because that's what the economy needs right now. so one way or another we'll get through this. do i wish that things were more orderly in washington and rational and people listened to the best arguments and compromised and operated in a more thoughtful and organized fashion? absolutely. but when you look at history, that's been the exception rather than the norm. >>> my interview with president obama. coming up, reaction to the interview. and what it tells us about what his second term will look like. joining me, nbc's tom brokaw. presidential historian doris kearns goodwin. executive editor at random house, jon meacham, david brooks of the "new york times" and our political director and chief white house correspondent chuck todd, all coming up next. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolving with beats audio. wireless charging activated. introducing droid dna by htc. it's not an upgrade to your pho
, that's a really partisan agenda on the part of either the president or democrats in congress. i think people will say, that makes sense. because that's what the economy needs right now. so one way or another, we'll get through this. do i wish that things were more orderly in washington and rational and people listened to the best arguments and compromised and operated in a more thoughtful and organized fashion? absolutely. but when you look at history, that's, that's been the exception rather than the norm. >> my interview with president obama. coming up, reaction to the interview. and what it tells us about what his second term will look like. joining me, nbc's tom brokaw, presidential historian, doris kearns goodwin, executive editor at random house, jon meacham. david brooks of the "new york times," and our political director and chief white house correspondent, chuck todd, all coming up next. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to.
to live to fight another day and i not have all americans' taxes raised automatically in 36 hours, not-to-day say nothing of insurance evaporating. >> all the conversations with members of congress, seem to end with, well, it looks like we may have something there is always that optimistic ending. what i'm wondering, is it really that we are all fooling ourselves? that we somehow believe they have worked this out in the past it has never happened before, we will get this done, maybe this is that time we won't. do you actually start to think that we could be headed right over that cliff? >> absolutely this is try you why. of hope over experience here. every time we had the super committee on, finding reason so the sequestration cuts wouldn't occur, they have failed. what we are doing suing for peace, trying to come up to kick the can to another day. even if we come up with this patch, martin, as you heard senator bob corker say the tough questions of entitlement reform and tax reform, those are going to end up kicking in in february when the debt ceiling occurs, we need to face the fact
basketball but what's the spin on the fiscal cliff hanger? can congress get a deal done before the deadline? >> this is a wbal-tv 11 editorial with dan joerres. >> as we come to the close of another year, we think of our loved ones who are sacrificing their lives for our liberty and pursuit of happiness. we take our regularly scheduled editorial time to share greetings from those in the military to families in maryland. they will also be available on wbaltv.com, click on editorials. from the wbal-tv 11 family to yours, happy holidays. >> i'm dale inman from edgewater, maryland, and i wish a happy holidays to rich, grace, win, pearson. >> i'm mark schaffer from annapolis, maryland. i send my hov to jennifer, kai, dana and mom and dad. >> michelle carter, a shout out from kabul, eaven. afghanistan. i would also like to shout out to my number one team, the baltimore ravens. >> you're watching wbal-tv 11, live, local, late breaking. this is 11 news sunday morning. >> good morning, welcome to 11 news sunday morning. i'm jennifer franciotti. lisa has the day off. we'll get to our top stories but
blocked negotiations. congress will reconvene today with a senate meeting in a little more than an hour from now. >>> a winter storm is dumping more snow on the east coast this morning. it comes days after another storm is being blamed for the death of 16 people. boston's mayor has declared a snow emergency as some parts of the east coast get ready for up to a foot of new snow. >>> many people don't like the snow others are pretty excited for that snow. sledders in new york took advantage of the snow and turned the park into a winter wonder land. some snow lovers even did a little cross country skiing. several inches have fallen in the area over the past few days. in west oakland a man says it felt like an earthquake when a tree came crashing down. a nearly 30-foot tree came down narrowing missing homes and cars. the tree had been there for at least 60 years. >>> in world news the body of an indian woman who was gang raped on a bus her body has been cremated. india's prime minister was on hand to pay his respect and offer condolences to her family. six suspects face the death penalty if
Search Results 0 to 24 of about 25 (some duplicates have been removed)